Tag: Miller Energy Resources Inc

  • Basic Material Stocks In Red Zone: Flotek Industries (NYSE:FTK), Miller Energy Resources (NYSE:MILL), GSI, Lihua International (NASDAQ:LIWA)

    On April 28, 2014, Flotek Industries Inc (NYSE:FTK), announced results for the three months ended March 31, 2014. Flotek Industries Inc (NYSE:FTK), shares after opening at $29.00 moved to $29.13 on last trade day and at the end of the day closed at $27.33. Company price to sales ratio in past twelve months was calculated as 3.95 and price to cash ratio as 543.26. Flotek Industries Inc (NYSE:FTK), showed a negative weekly performance of 9.41%.

    Miller Energy Resources Inc (NYSE:MILL), announced that its shareholders have voted to elect eight directors to the company’s Board of Directors, ratify the selection of KPMG LLP as the company’s independent registered public accounting firm, approve a proposed amendment to the company’s 2011 Equity Compensation Plan, approve the company’s executive compensation on an advisory basis, and voted to hold future advisory votes on executive compensation every three years. The final results of the voting were tallied and announced at the company’s annual meeting of shareholders held Wednesday, April 16, 2014. Miller Energy Resources Inc (NYSE:MILL), shares fell 7.17% in last trading session and ended the day on $4.79. Miller Energy Resources Inc (NYSE:MILL), return on equity ratio is recorded as 13.40% and its return on assets is 6.00%. Miller Energy Resources Inc (NYSE:MILL), yearly performance is 28.42%.

    On April 16, 2014, General Steel Holdings Inc (NYSE:GSI), a leading non state owned steel producer in China, announced that its principal manufacturing facility, Shaanxi Longmen Iron and Steel Company Limited has signed a supply agreement with Rio Tinto Iron Ore Asia Pte Limited for procurement of imported iron ore in 2014. General Steel Holdings Inc (NYSE:GSI), shares moved down 5.94% in last trading session and was closed at $1.03, while trading in range of $ 1.01 – 1.11. General Steel Holdings Inc (NYSE:GSI), year to date (YTD) performance is 10.75%.

    TheStreet lowered shares of Lihua Lihua International Inc (NASDAQ:LIWA), from a buy rating to a hold rating in a research report released on Tuesday morning, AnalystRatingsNetwork.com reports. Lihua International Inc (NASDAQ:LIWA), weekly performance is -8.23%. On last trading day company shares ended up $4.35. Lihua International Inc (NASDAQ:LIWA), distance from 50-day simple moving average (SMA50) is -12.63%.